TSXV:EMX

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

EMX Royalty Corporation, a precious and base metals royalty company, engages in the acquisition, exploration, and evaluation of metals and mineral properties. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has EMX Royalty's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EMX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.6%

EMX

-1.5%

CA Metals and Mining

-1.2%

CA Market


1 Year Return

102.3%

EMX

48.8%

CA Metals and Mining

-5.5%

CA Market

Return vs Industry: EMX exceeded the Canadian Metals and Mining industry which returned 48.8% over the past year.

Return vs Market: EMX exceeded the Canadian Market which returned -5.5% over the past year.


Shareholder returns

EMXIndustryMarket
7 Day-0.6%-1.5%-1.2%
30 Day1.7%-1.2%0.4%
90 Day-13.6%-7.9%-0.3%
1 Year102.3%102.3%49.9%48.8%-2.1%-5.5%
3 Year291.2%291.2%50.4%47.4%3.9%-6.2%
5 Year408.6%408.6%138.4%131.4%32.3%12.0%

Price Volatility Vs. Market

How volatile is EMX Royalty's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is EMX Royalty undervalued compared to its fair value and its price relative to the market?

2.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EMX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EMX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EMX is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.

PE vs Market: EMX is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EMX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EMX is overvalued based on its PB Ratio (2.9x) compared to the CA Metals and Mining industry average (2.8x).


Next Steps

Future Growth

How is EMX Royalty forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.6%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as EMX Royalty has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has EMX Royalty performed over the past 5 years?

44.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EMX is currently unprofitable.

Growing Profit Margin: EMX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EMX is unprofitable, but has reduced losses over the past 5 years at a rate of 44.4% per year.

Accelerating Growth: Unable to compare EMX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EMX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (48.1%).


Return on Equity

High ROE: EMX has a negative Return on Equity (-5.38%), as it is currently unprofitable.


Next Steps

Financial Health

How is EMX Royalty's financial position?


Financial Position Analysis

Short Term Liabilities: EMX's short term assets (CA$74.6M) exceed its short term liabilities (CA$6.1M).

Long Term Liabilities: EMX has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: EMX is debt free.

Reducing Debt: EMX had no debt 5 years ago.

Debt Coverage: EMX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EMX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is EMX Royalty current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EMX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EMX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EMX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EMX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EMX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

Dave Cole (58 yo)

17.58yrs

Tenure

CA$709,674

Compensation

Mr. David Morrell Cole, also known as Dave, M.S. (Geology), P.Geo., has been President of Bullion Monarch Mining, Inc. since August 17, 2012. Mr. Cole has been the Chief Executive Officer and President of ...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD537.03K) is about average for companies of similar size in the Canadian market ($USD671.54K).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
David Cole
President17.58yrsCA$709.67k2.94%
CA$ 8.9m
Christina Cepeliauskas
Chief Administrative Officer0.25yrCA$207.04k0.16%
CA$ 489.3k
Rocio Echegaray
Corporate Secretary0.92yrCA$71.00kno data
Douglas Reed
CFO & Controller0.25yrno data0.054%
CA$ 162.9k
Scott Close
Director of Investor Relationsno datano datano data
Malik Duncan
General Counsel1.75yrsno datano data
Thomas Mair
General Manager of Corporate Development3.5yrsno datano data
Eric Jensen
General Manager of Exploration8.42yrsno datano data
David Johnson
Chief Geologist and BCE Business Unit Manager8.42yrsno data0.75%
CA$ 2.3m
Dean Turner
Consultantno datano datano data
M. Enders
Consultant & Member of Advisory Board5.58yrsCA$321.27kno data

3.5yrs

Average Tenure

58yo

Average Age

Experienced Management: EMX's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Cole
President17.58yrsCA$709.67k2.94%
CA$ 8.9m
M. Enders
Consultant & Member of Advisory Board5.58yrsCA$321.27kno data
Michael Winn
Chairman of the Board8.42yrsCA$166.27k1.15%
CA$ 3.5m
Brian Bayley
Independent Director24.42yrsCA$88.90k0.28%
CA$ 846.2k
Paul Stephens
Member of Advisory Board5.67yrsno data10.79%
CA$ 32.6m
Larry Okada
Independent Director7.33yrsCA$88.90k0.071%
CA$ 214.8k
Brian Levet
Independent Director9.58yrsCA$88.90k0.047%
CA$ 143.2k
Rael Lipson
Member of Advisory Board6.33yrsno datano data

7.9yrs

Average Tenure

67yo

Average Age

Experienced Board: EMX's board of directors are considered experienced (7.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.


Top Shareholders

Company Information

EMX Royalty Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EMX Royalty Corporation
  • Ticker: EMX
  • Exchange: TSXV
  • Founded: 2001
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$301.901m
  • Shares outstanding: 84.33m
  • Website: https://www.emxroyalty.com

Number of Employees


Location

  • EMX Royalty Corporation
  • 543 Granville Street
  • Suite 501
  • Vancouver
  • British Columbia
  • V6C 1X8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMXTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 1996
6000000000DB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1996
EMXAMEX (NYSE MKT LLC)YesCommon SharesUSUSDNov 1996

Biography

EMX Royalty Corporation, a precious and base metals royalty company, engages in the acquisition, exploration, and evaluation of metals and mineral properties. It explores for gold, silver, copper, molybden ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 00:38
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.